Page 32 - Infosys News Today

In this edition of Moneycontrol Pro Panorama: India tightens screws on food safety standards, loose US fiscal policy worries investors, telecom sectors get a breather, India needs a plan to tackle heat waves, and more

Indian market opened flat, turned red initially but rebounded strongly, led by bluechip stocks and sectoral indices. Sensex rose 611 points to 74,070.84, Nifty went up 156.5 points to 22,502.15.

Murty's earnings are said to far exceed that of her husband as financial statements published in February are quoted to say Sunak made GBP 2.2 million in 2022-23 compared to Murty's estimated GBP 13 million in dividends over the past year

British Prime Minister Rishi Sunak and wife Akshata Murty, who made their debut in the annual 'Sunday Times Rich List' two years ago, have moved up the ranks in the 2024 edition released on Friday thanks to the Murty's lucrative Infosys shareholding.

Singh also said that the governments wants to train people in data analysis and data tagging, particularly from Tier 2 and Tier 3 cities.

Murthy noted that entrepreneurs possess shares rather than ample capital in their startups early stages.

Infosys partners with SAP Emarsys to revolutionise customer engagement with AI-driven, cross-channel marketing campaigns, enhancing both revenue and loyalty.

Indian shares eked out modest gains in early trade on Thursday as soft inflation data boosted hopes that the U.S. Federal Reserve will deliver at least two interest rate cuts in 2024.

Indian benchmark indices, BSE Sensex and Nifty50, rose on positive global cues after US consumer inflation data. Nifty IT index surged 1.6%, led by Mphasis, Tech Mahindra, and Infosys. Nifty Pharma lagged, while Jindal Stainless fell 10% on softer steel prices. Markets expect two rate cuts in 2024, based on CMEGroups FedWatch tool.

Roto Pumps, Kirloskar Bros., Kirloskar Elec, Oberoi Realty and Welspun Ent, hit their fresh 52-week highs at 10:44AM.